Bik On Electric Cars Uk. With zero tailpipe emissions, electric cars have a substantially lower bik rate than their petrol or diesel counterparts. These are the best electric company cars in 2024.
Electric vehicles enjoy the lowest tax rates. It’s currently set to remain at that level during 2023/24 and 2024/25.
April 2022 To March 2028 On.
For electric cars and other cars with an approved co2 emissions figure of 75g/km or less, answer โnoโ to the question โis the car provided via an optional remuneration arrangement?โ.
With Zero Tailpipe Emissions, Electric Cars Have A Substantially Lower Bik Rate Than Their Petrol Or Diesel Counterparts.
The bik rates shown in the table above apply to all vehicles registered after 6 april 2021.
The Bik Rate For Electric Cars Did Increase From 1% To.
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It's Currently Set To Remain At That Level During 2023/24 And 2024/25.
The bik rates shown in the table above apply to all vehicles registered after 6 april 2021.
Where An Employee Has 2 Or More Cars Made Available At The Same Time, You Can Find Out How To Calculate The Company Car Benefit Charge In Section 12.37.
For the 2019/20 financial year, electric cars were taxed at 16%, but this rate decreased to 0% in 2020/21.